Mortgage Rates April 9, 2009 – Week Review
Posted by yourmortgageplanner on Apr 9, 2009 in Featured Articles, FTHB, Mortgage Rates | 0 comments
The flight to security was nonexistent for Mortgage Backed Securities before the long Holiday Weekend. Mortgage Rates increased today as the FNMA 4% 30 YR MBS gave up .25bp. Overall MBS are only down 3bp week over week (See Mortgage Rate Chart) The equity markets rallied and hitched a ride on Wells Fargo as they pre announced record breaking profits, what a nice Easter gift.
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